STP Institute

STP Shortlisted for Best Back/Middle Office Tech Provider

STP is thrilled to announce that we have been shortlisted for the 2025 Fund Intelligence Operations & Services Awards for Best Back/Middle-Office Tech Provider for our BluePrint product, positioning us among the nation’s top innovators.

Year-over-year, the With Intelligence Fund Operations and Services Awards recognize and reward fund service providers who have demonstrated exceptional client service, innovative product development, and strong and sustainable business growth in 2024. The rigorous judging process, based on the views of a panel of leading industry experts, ensures that the awards recognize those driving up service standards across the sector and stand out from the crowd.

STP Mentioned in Mergers & Acquisitions

STP is proud to be mentioned in Mergers & Acquisitions September/October M&A Magazine on LP’s Focus on Value. STP’s Dan Ceneviva, Head of Product and Technology discussed how it is not just more detailed data that is being demanded but the different types of data being added to what’s already expected.

Dan goes on to say that Wealth Managers are allocating more of their Ultra-High Net Worth’s capital into these funds, and there’s a growing expectation from those investors to receive the type of information that a typical retail investor is used to receiving and should be able to understand.  Secondly, GPs are getting more detailed requests from LPs in the due diligence process, which includes more details about past performance and track record.

Click here to read his comments further.

STP Shortlisted for Best Fund Administration Service

STP is thrilled to announce that we have been shortlisted for the 2025 Private Asset Management Awards for Best Fund Administration Services recognizing STP as one of the best in the private wealth management community.

Now in its 21st year, the Private Asset Management Awards honor outstanding achievements in the US private wealth management space. For over two decades, these Awards have provided a platform for top investment professionals, wealth advisors, legal firms, consultants, and other key service providers operating within the sector to showcase their accomplishments.

Are You Ready for It? Preparing for the Move to a T+1 Trade Settlement Cycle

In February 2023, the Securities and Exchange Commission (SEC) announced a move to a T+1 trade settlement cycle expected in May 2024. This move means that securities transactions must settle one business day after the trade date. Up until this point, the trade settlement cycle has been two business days (T+2). While halving the time to settlement may seem like an aggressive jump, the goal of the move is to make markets more efficient for investors and to reduce risk—just a couple of the long list of benefits that come with T+1. But that doesn’t mean there won’t be challenges.